The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Gandai Pandaria branch in Rajnandgaon, Rajnandgaon, Chattisgarh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Rajnandgaon or anywhere in Chattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0002847. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Gandai Pandaria, Rajnandgaon

Here are the main details that are associated with the IFSC Code SBIN0002847 of State Bank Of India for its branch located in Rajnandgaon, within the district of Rajnandgaon in the state of Chattisgarh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0002847
Branch Gandai Pandaria
City Rajnandgaon
District Rajnandgaon
State Chattisgarh
Address Dist Rajnandgaon, Chattisgarh 491888

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Rajnandgaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0002847 for the Gandai Pandaria branch of State Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Gandai Pandaria, Rajnandgaon, Chattisgarh, are allotted a unique IFSC like SBIN0002847 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rajnandgaon.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Rajnandgaon and Rajnandgaon.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Gandai Pandaria reaches the right place, even though there are thousands of branches in Chattisgarh and across India.

Format of the IFSC Code SBIN0002847

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Gandai Pandaria in Rajnandgaon.

For example, the IFSC Code SBIN0002847 of State Bank Of India for the Gandai Pandaria branch has these elements, identifying the bank and the branch location in Rajnandgaon and Chattisgarh correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0002847 of State Bank Of India for its Gandai Pandaria branch located in Rajnandgaon, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Rajnandgaon and Rajnandgaon, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Gandai Pandaria or Rajnandgaon to get the exact IFSC Code SBIN0002847.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Rajnandgaon, then it will provide you proper information.

How to Use IFSC Code SBIN0002847 for Online Transfers?

If you have the IFSC Code SBIN0002847 for the Gandai Pandaria branch of State Bank Of India in Rajnandgaon, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0002847. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0002847.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Gandai Pandaria in Rajnandgaon, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Gandai Pandaria, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Rajnandgaon manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Gandai Pandaria Rajnandgaon?

The IFSC Code of the Gandai Pandaria Rajnandgaon branch is SBIN0002847.

Is IFSC Code SBIN0002847 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Gandai Pandaria branch?

The branch is located at Dist Rajnandgaon, Chattisgarh 491888.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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